Ripple Pushes Past $3, Reaches Almost Half Bitcoin’s Market Cap
Ripple (XRP), currently the second largest cryptocurrency by market capitalization, has continued its recent rally, crossing the $3 per coin mark. At press time, the altcoin was trading at an average of $3.12.
Ripple’s price has increased almost 49,000 percent over the past twelve months. The cryptocurrency passed $2 just last week, seeing a 130% increase since Dec 27.
This has cemented Ripple’s number two position with a market cap of $121 bln, almost half that of Bitcoin.
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